Lyor Cohen: Artists, Labels Are 'Stoked' About YouTube Music

On Tuesday, Google will launch subscription-based YouTube Music in an effort to go head-to-head with the likes of Spotify and Apple Music. Good news for artists: Lyor Cohen, YouTube's Head of Music, says they'll pay comparable royalty rates.Read more ...

YouTube is starting a new $10 a month streaming music subscription service to compete with Apple and Spotify in the lucrative business. Aleksandra Michalska reports.Read more ...

YouTube's new subscription plans are a bad deal if you just want to watch videos

YouTube announced two new services on Thursday that will replace its paid YouTube Red service.
YouTube Music Premium will be a music streaming service and will compete with Spotify and Apple Music.
YouTube Premium includes YouTube Music, as well as ad-free video and video downloads.
But there's no option just for video-based benefits, so you'll have to pay for YouTube Music even if you only want the premium video plan.
YouTube announced on Thursday that it's restructuring its paid YouTube Red service into two new services that are launching on May 22, including YouTube Music Premium and...Read more ...

Whole Foods' new discounts for Amazon Prime members are more evidence of the death of the middle class

Whole Foods has announced it is launching new discounts for Amazon Prime members.
The new discounts include 10% off sale items and heavier discounts on a rotating selection of weekly goods.
The new discounts could be a way for Whole Foods to go after both low- and high-income customers at the same time as the middle class continues to shrink.
Amazon 's new discounts at Whole Foods are about more than getting $10 off halibut steaks.
It means Amazon is continuing to infiltrate the grocery space like never before - and it's just the tip of the iceberg.
While Amazon immediately lowered prices...Read more ...